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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current Assets    
Cash and cash equivalents $ 37,786 $ 48,667
Accounts receivable, net 8,552 9,773
Royalty and licensing receivable 120 134
Inventories, net 19,490 18,910
Prepaid expenses and other current assets 1,671 1,785
Total current assets 67,619 79,269
Property and equipment, net 8,060 8,154
Operating lease right-of-use assets 5,696 6,078
Other Assets    
Restricted cash 462 462
Other long-term assets 86 85
Total assets 81,923 94,048
Current liabilities    
Accounts payable 4,164 4,163
Accrued expenses 5,726 7,978
Operating lease liabilities 1,952 1,932
Total current liabilities 11,842 14,073
Other long-term liabilities 283 230
Long-term debt, less debt issuance costs 20,601 20,563
Operating lease liabilities 4,572 5,003
Total liabilities 37,298 39,869
Commitments and contingencies
Stockholders’ equity    
Preferred stock, $0.00001 par value: Authorized: 5,000,000 shares authorized at March 31, 2023 and December 31, 2022; no shares issued and outstanding as of March 31, 2023 and December 31, 2022 0 0
Common stock, $0.00001 par value: Authorized: 20,000,000 shares authorized at March 31, 2023 and December 31, 2022; 7,497,138 and 7,502,462 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively 0 0
Additional paid-in capital 635,268 634,647
Accumulated deficit (590,895) (581,324)
Accumulated other comprehensive income 252 856
Total stockholders’ equity 44,625 54,179
Total liabilities and stockholders’ equity $ 81,923 $ 94,048